Shoprite Nigeria Plans Neighborhood Stores as Retailer Restructures After Financial Strains

Shoprite Nigeria plans to expand through smaller standalone neighborhood stores as it restructures its business to contain costs, restore operations and reduce its dependence on large shopping malls, according to Adekunle Adebiyi, Executive Director, Investments at MBO Capital Management Limited. The shift marks a potential change in the retailer’s operating model as it attempts to […]

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